| Home Page : Archive News : May 2011 News : Steve Muehler, President of Alta Vista Companies, announced today a Direct Public Offering for Pegasus Energy Holdings Corporation | |
Steve Muehler, President of Alta Vista Companies, announced today a Direct Public Offering for Pegasus Energy Holdings Corporation | |
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May 17, 2011 Steve Muehler, President of Alta Vista Companies, today announced a Direct Public Offering of Two Million Five Hundred "Pre-Public Offering" Convertible Preferred Stock Shares in the State of California. Beverly Hills, C.A. - Mr. Steve Muehler of the Beverly Hills based "Alta Vista Comapanies", today announced its direct public offering (DPO) of 2,500,000 Pre-IPO shares of Convertible Preferred Stock Units that are being offered at U.S. $2.00 per share. This ground-floor investment opportunity is available to current customers, affiliate partners and the public in the State of California. A DPO is a pioneering form of financing and an innovative, cost-effective way for an established business to acquire needed expansion capital. In turn, it provides investors an affordable opportunity for a minimum investment of $5,000. Pegasus Energy Holdings Corporation filed a Form D with the Securities and Exchange Commission (SEC) detailing information about the firm and the offering. The company also filed an Issuer Statement and Small Corporate Offering Registration relating to these securities with the State of California's Attorney General's office. "Pegasus Energy Holdings Corporation has strategically positioned itself for aggressive growth over the next two to three years," Pegasus Energy Holdings Corporation president, Mr. Elie Haddad, says. "At Pegasus Energy Holdings, our research has shown that today's increasing energy demand, awareness for clean energy, and the world's dependence on non-renewable oil & gas in almost every facet of life, the demand for energy will continue to rise, as will prices. Mr. Steven J. Muehler, Managing Partner of Beverly based Private Equity Investment firm 'Alta Vista Companies' and equity partner of 'Independent Energy Partners, Inc', pointed out that, "the Energy Select SPDF (NYSE:XLS) is up over 140% since its inception in 1998, while the S&P is down about 15% over the same period. Energy demand will not go away anytime soon. That is why oil & gas, as well as utility companies, make such spectacular investments, especially now. When you invest in the energy sectors best and carefully selected opportunities like Pegasus Energy Holdings Corporation proposes, the growth potential may skyrocket in a very short period of time.." To date, the Company has received investments from private investors and /or has been self-funded for its development. Proceeds from the DPO will be used to provide working capital to expand on the success achieved by the Company to-date. Company is currently in the process of obtaining public listing on the German Frankfurt Exchange and the US OTC Market. About Pegasus Energy Holdings Corporation. Founded in 2010, Pegasus Energy Holdings Corporation researches, identifies, investigates, and invests in select energy development opportunities. It owns and develops strategic partnerships in energy development including oil &gas and Utility-Scale Solar power facilities. The Company's prospectus is available by registering online at: http://www.altavistacompanies.net/Pegasus_Energy_Holdings_Corp.html Inquiries may be sent via email to: LEGAL@AltaVistaCompanies.net This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. All trademarks and service marks are the property of the respective parties. NEWS SOURCE: Pegasus Energy Holdings Corporation Source: http://www.1888pressrelease.com/steve-muehler-president-of-alta-vista-companies-announced-pr-303227.html |
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